Grenoside Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Grenoside
I'm wanting to make an offer on a house in Grenoside but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Britannia giving us the mortgage now?
I am the registered owner of a maisonette in Grenoside with a leasehold unexpired of 76 years. I am enquiring about what I will need to spend to extend my lease
I would like to have my residential flat leasehold extension premium valued. The flat is in Grenoside, and my lease will reach seventy nine years this March. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
I am deliberating whether to purchase the freehold or a lease extension of my property in Grenoside and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Barclays to release of equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease started in 1979 and since then the ground rent has increased from £38.00 per year to £200 per annum.
I am a FTB of a leasehold flat in Grenoside. The lease has only 70 years left and ground rent is £95. Is it possible for the owner to serve the Notice of Claim and then assign over the right to me as the buyer once I complete the buying process so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the seller? To add to the complexity the freeholder is absent, so I am not sure how this will play out.
I wondered if you could help me on the likely cost and the best way to start the lease extension process? I have circa fivety nine years left and I own a garden flat in Grenoside.
My mortgage provider requires several hundred pounds for their conveyancers to approve the lease extension deed for my flat in Grenoside... I can find no reference of this in my mortgage guide... is this a standard cost that they charge?
Offer accepted on a a one bedroom apartment in Grenoside, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.Contracts were due to be exchanged within a week. My question is Should I tell the flat owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
We have been in discussion with our freeholder after having a valuation on our garden flat in Grenoside. We have a sixety four year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
I am currently negotiating a lease extension for my flat in Grenoside as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?